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Sam Somech Joins Gigaspaces Board Of Directors As Chairman

World Leading Expert on Middleware Messaging Technologies to Provide Expertise as GigaSpaces Continues to Serve as a Market Leader

New York, NY – May 28, 2008 – GigaSpaces Technologies today announced that Sam Somech, a world leading expert on middleware messaging technologies, has been named Chairman of the Company’s board of directors. Somech will provide counsel for the Company as it continues to grow its product and customer base and makes strides as a leader in the industry.

An experienced and successful entrepreneur, Somech brings to GigaSpaces a wealth of knowledge and familiarity transforming new technologies into profitable new businesses. Prior to his affiliation with GigaSpaces, Somech was the CEO and co-founder of Itemfield, as well as the president, CTO and co-founder of Level 8, whose technology, after being acquired by Microsoft, provided the foundation for the Microsoft Manager application.

Somech began his entrepreneurial journey as founder and CEO of Data Voice Systems, where he invented and developed the concept of transactional messaging. It was there that Somech aided in the creation of MQSeries, which was later acquired by IBM and became the foundation for what is considered the world’s most popular system for messaging across multiple platforms.

His initial concepts to development and commercialization strategies have him regarded as one of the most successful and technical business leaders in the middleware space. Somech received a B.S. in Electrical Engineering from Technion University in Israel, an M.Sc in computer science from Columbia University and an MBA from Baruch College.

“I look forward to being involved with GigaSpaces during such an exciting time in the middleware market, ” said Somech. “This Company is one of the most promising software companies in the middleware space today and has all of the ingredients that indicate success and growth.”

“With such an impressive track record and industry insight, I am proud that Sam has accepted this role in our Company” said Yaron Benvenisti, CEO, GigaSpaces. “I believe that his experience will be of great benefit to all of us over the coming years as we make GigaSpaces the leader in a new category of application server technology.”

About GigaSpaces
GigaSpaces Technologies is a leading provider of a scale-out application server for Java, .Net and C++ environments. The GigaSpaces middleware is a single product that handles data, business logic and messaging – and utilizes industry-standard APIs and an open source stack to provide a complete application infrastructure solution. With GigaSpaces, applications can be easily built for scalability, reliability and high-performance in distributed environments, such as SOA, clusters, grids and cloud computing.

GigaSpaces’ customers include leading organizations in financial services, telecommunications, manufacturing and the Internet, where the need for mission-critical high-performance, reliability and scalability necessitates an alternative to traditional approaches. GigaSpaces was founded in 2000 and has offices worldwide.

For more information, please visit http://www.gigaspaces.com, or visit the company’s blog at http://www.gigaspacesblog.com/.

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For additional information, contact:

Rachel Miller
SHIFT Communications
Tel: (+1) 617-779-1856
Email: gigaspaces@shiftcomm.com

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Geva Perry
GigaSpaces

415-568-2128
geva@gigaspaces.com

GigaSpaces is a trademark of GigaSpaces Technologies, Inc.